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File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock, Markets

China’s hog output recovers, drags on Brazil pork exports

China's total Q1 pork imports down 64 per cent

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Sao Paulo | Reuters — Brazilian pork exporters are grappling with a drop in volumes shipped to their main buyer, China, which has increased its pork meat production after an outbreak of African swine fever in 2018. ASF forced China to cull millions of hogs and increase imports. China continued to be Brazil’s top pork
CME June 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures top two-week high

Chicago cattle futures ease

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised
China sees little impact from sanctions on potash exports
Markets, News

China sees little impact from sanctions on potash exports

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Sanctions on exports of potash fertilizer from Belarus and Russia are not impacting supply in China, an executive from state-owned fertilizer maker Sinofert Holdings said, due to sufficient domestic stocks. Belarus and Russia are among the world’s top three producers of potash, and China is a major importer. Exports from Belarus were sanctioned by Washington
Hog sale prices currently average about half of what they were a year ago.
Markets, News

China’s hog farmers face long slog in return to profit

Higher grain prices and COVID restaurant closures are hitting them hard

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China’s pig farmers, suffering record losses due to surging feed costs and weak hog demand, are switching to lower-quality grain from pricier soymeal and even selling off assets in a bid for survival. The pain across the world’s largest hog market, however, could last until next year, said analysts, shrinking incomes across China’s rural economy
China to increase soybean acreage by 1.3 million hectares in 2022
Markets, News

China to increase soybean acreage by 1.3 million hectares in 2022

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China expects to increase its soybean-planting acreage this year and has released soybean oil and soybeans from its reserves in an effort to boost market supply, state radio reported March 17. The country’s soybean-planting acreage is expected to increase by more than 1.3 million hectares in 2022 based on preliminary estimates, state radio reported, citing
CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Crop data awaited as grains fall with other commodities

China COVID-19 cases weigh on markets; grain traders monitor Ukraine news

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Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Monday as worries over coronavirus cases in China weighed on commodity markets while grain traders also adjusted positions ahead of key U.S. crop reports due later this week. Crude oil dropped sharply as China’s financial hub, Shanghai, launched a lockdown to contain surging
CBOT May 2022 soybeans (candlesticks, right column) with Bollinger bands (20,2) and NYMEX May 2022 West Texas Intermediate (WTI) crude (grey line, left column). (Barchart)
Crops, Markets

U.S. grains: Export demand boosts soybeans

Corn firm, wheat weak

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Chicago | Reuters — Chicago Board of Trade soybean futures rose for a third consecutive session on Wednesday, hitting their highest in nearly a month on expectations that demand for U.S. supplies will remain strong due to harvest shortfalls in South America, traders said. The crop woes in Argentina and Brazil also lent support to
Fuelled by the Ukraine crisis, wheat prices in China recently soared to a record on existing domestic supply worries.
Markets, News

Chinese winter wheat condition could be worst in history

Grim assessment comes from the country’s agriculture minister and raises many concerns

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Reuters – The condition of China’s winter wheat crop could be the “worst in history,” the agriculture minister said recently, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines of the country’s annual parliament meeting, Minister of Agriculture and Rural Affairs Tang Renjian said that rare heavy

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